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natali 33 [55]
3 years ago
11

A process cost system would be appropriate for a a.custom cabinet builder b.jet airplane builder c.natural gas refinery d.cateri

ng business
Business
1 answer:
Jobisdone [24]3 years ago
6 0

Answer:

The correct answer is letter "C": natural gas refinery.

Explanation:

Process cost systems are used by companies which production process go through several steps manufacturing large batches of homogeneous products. Process costing uses a Work-In-Progress (WIP) account for the progress of the production. Typical examples of industries that use the process costings system are<em> petroleum </em>and <em>paint</em>.

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Which one of the five generic competitive strategies discussed in Chapter 1 most closely approximates the competitive approach A
lutik1710 [3]

Answer:

The correct answer is: Broad differentiation strategy.

Explanation:

American economist Michael Porter (<em>born in 1947</em>) proposes there are <em>Five Generic Competitive Strategies</em> in market targeting while pursuing a competitive advantage: Overall low-cost, Broad Differentiation, Focused low-cost, Focused differentiation, and Best-cost provider strategy.

With the Broad differentiation strategy firms aim to provide customers a product that is different from its competitors to capture the largest number possible of consumers. This strategy is the closest approach <em>Apple, Inc</em>. has been using to keep its share in the mobile phone devices market.

7 0
4 years ago
A firm that produces bluetooth speakers collected the following data to determine their possible profits. What profit will bluet
Lostsunrise [7]

The profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output is $975

Profit-maximizing level

In economics, profit maximizing level of output means where its marginal cost (MC) just equals the product price and where marginal cost is increasing; that is, the MC curve is sloping upward.

Given

A firm that produces Bluetooth speakers collected the following data to determine their possible profits.

Here we need to find the profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output.

In order to find the profit-maximizing level of output for the Bluetooth, we have to subtract the maximum price by the minimum price.

For example let us consider $1000 be the maximum price of the Bluetooth and $25 is minimum price of the Bluetooth,

Then the profit-maximizing level of output is calculated as,

=> 1000 - 25

=> 975.

To know more about profit-maximizing level here.

brainly.com/question/14011960

#SPJ4

4 0
1 year ago
ABC Inc.'s stock has a 25% chance of producing a 10% return, a 50% chance of producing a 15% return, and a 25% chance of produci
makvit [3.9K]

Answer:

Explanation:

a.)

Given the different probabilities with their respective returns, you will find the firm's expected return using the following formula;

return; r = SUM (probability *expected return)

The formula above means that you multiply each probability by return , then sum the results.

r = (0.25*0.10) +(0.50*0.15) + (0.25*-0.02)

r = 0.025 +0.075 -0.005

r = 0.095 or 9.5%

Therefore, the correct answer is 9.5%. The choices given do not apply.

b.)

Use the Capital Asset Pricing Model(CAPM) formula to calculate the required return. Additionally, since we have inflation rate, adjust the formula to that inflation rate since investors would require a high rate to compensate for it.

Inflation adjusted CAPM required return; r = risk free + inflation + beta(Market return - risk free)

r = 0.045 + 0.03 + 1.50(0.11 - 0.045)

r = 0.075 + 0.0975

r = 0.1725 or 17.25%

Therefore, the required rate is 17.25%

8 0
3 years ago
Alice is a 52-year-old typist working in the same law firm as 28-year-old juliet. both are considered excellent at their job, ev
Over [174]
The likely reason as to why Alice has perform her job the same as Juliet because she likely has developed her selective optimization, in which it helps a person who is on an old age to be healthy and having an improvement of their well being. This is likely the cause as to why Alice can perform the same job as Juliet.
5 0
4 years ago
West Coast Ltd. wants to issue preferred stock that pays an annual dividend of $6.80 a share. The company has determined that st
egoroff_w [7]

Answer:

The offer price will be $55.51

Explanation:

The constant cash flow over a indefinite period of time is the perpetuity. The dividend payment on the preferred is also considered as perpetuity because it pays the constant amount of dividend and there is no time limit for the payment.

Value of the preferred share can be determine by following formula

Value of Perpetuity / Cash flow / required rate of return

Price of share = Dividend Payment / Rate of return

Price of share = $6.8 / 12.25% = $55.51

5 0
4 years ago
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